Newtown Propane had sales of $1,720,000 last year on fixed assets of $270,000. Given that Newtown's fixed assets were being used at only 95% of capacity, then the firm's fixed asset turnover ratio was x. (Note: Round your answer to two decimal places.) How much sales could Newtown Propane have supported with its current level of fixed assets? (Note: Round your answer to the nearest whole number.) $1,901,052 $1,810,526 $1,448,421 $1,991,579 When you consider that Newtown's fixed assets were being underused, what should be the firm's target fixed assets to sales ratio? (Note: Round your answer to two decimal places.) O 14.91% 16.40% 15.66% 11.93% Suppose Newtown is forecasting sales growth of 18% for this year. If existing and new fixed assets are used at 100% capacity, the firm's expected fixed-assets turnover ratio for this year is (Note: Round your answer to two decimal places.)